Quick charity verification for Plaistown Area Commerce Exchange (EIN: 20424793)
Verdict: Plaistown Area Commerce Exchange appears trustworthy
85/100Mission Score
$11KRevenue
$11KAssets
1Red Flags
5Strengths
Red Flags
Revenue fluctuation, particularly the significant drop in 2021 to $5,092 while expenses were $12,389, indicates potential instability in funding for that period.
Strengths
Consistent IRS 990 filing history demonstrates transparency.
0% officer compensation reported across all filings indicates high efficiency and dedication.
No reported liabilities across all periods, showing strong financial health.
Assets consistently exceed liabilities, indicating a stable financial foundation.
Expenses generally managed below revenue, demonstrating fiscal responsibility.
Spending Breakdown
How Plaistown Area Commerce Exchange allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Plaistown Area Commerce Exchange
Is Plaistown Area Commerce Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Plaistown Area Commerce Exchange (EIN: 20424793) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Plaistown Area Commerce Exchange a good charity to donate to?
Plaistown Area Commerce Exchange has a Mission Score of 85/100. Revenue: $11K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plaistown Area Commerce Exchange?
The Employer Identification Number (EIN) for Plaistown Area Commerce Exchange is 20424793. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Plaistown Area Commerce Exchange spend its money?
Plaistown Area Commerce Exchange allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plaistown Area Commerce Exchange's tax-exempt status?
You can verify Plaistown Area Commerce Exchange's tax-exempt status using EIN 20424793 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Plaistown Area Commerce Exchange demonstrates consistent financial stability, with assets exceeding liabilities across all reported periods. The organization's revenue has fluctuated, peaking at $22,053 in 2015 and most recently reported at $15,238 in 2023. Expenses have generally remained below revenue, indicating sound financial management, with the exception of 2021 where expenses ($12,389) exceeded revenue ($5,092). The organization's transparency is high given its consistent filing of IRS Form 990, and the reported 0% officer compensation across all filings suggests a volunteer-driven or very lean operational structure, which is a positive indicator for donor confidence. The lack of liabilities further strengthens its financial health.